PGIM Jennison Mid-Cap Growth Fund
Schedule of Investments as of May 31, 2023 (unaudited)
Description | Shares | Value | |||
Long-Term Investments 98.3% | |||||
Common Stocks | |||||
Aerospace & Defense 2.4% | |||||
HEICO Corp.(a) | 321,478 | $49,694,069 | |||
Automobile Components 1.5% | |||||
Aptiv PLC* | 348,747 | 30,717,636 | |||
Biotechnology 4.6% | |||||
Argenx SE (Netherlands), ADR* | 77,142 | 29,985,095 | |||
Exact Sciences Corp.*(a) | 462,920 | 37,765,014 | |||
Sarepta Therapeutics, Inc.* | 203,120 | 25,105,632 | |||
92,855,741 | |||||
Broadline Retail 1.2% | |||||
Etsy, Inc.* | 304,964 | 24,717,332 | |||
Building Products 0.5% | |||||
Zurn Elkay Water Solutions Corp.(a) | 494,579 | 11,132,973 | |||
Commercial Services & Supplies 1.9% | |||||
GFL Environmental, Inc. (Canada) | 1,072,804 | 38,771,137 | |||
Communications Equipment 1.7% | |||||
Arista Networks, Inc.*(a) | 211,809 | 35,232,309 | |||
Construction & Engineering 2.6% | |||||
Quanta Services, Inc. | 174,527 | 30,992,505 | |||
WillScot Mobile Mini Holdings Corp.* | 502,742 | 21,658,125 | |||
52,650,630 | |||||
Construction Materials 1.8% | |||||
Martin Marietta Materials, Inc.(a) | 90,444 | 36,000,330 | |||
Consumer Staples Distribution & Retail 2.6% | |||||
Performance Food Group Co.* | 952,284 | 52,651,782 | |||
Electrical Equipment 1.2% | |||||
AMETEK, Inc. | 164,331 | 23,839,498 | |||
Electronic Equipment, Instruments & Components 5.4% | |||||
Amphenol Corp. (Class A Stock) | 350,147 | 26,418,591 | |||
Cognex Corp. | 310,858 | 17,084,756 |
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PGIM Jennison Mid-Cap Growth Fund
Schedule of Investments as of May 31, 2023 (unaudited) (continued)
Description | Shares | Value | |||
Common Stocks (Continued) | |||||
Electronic Equipment, Instruments & Components (cont’d.) | |||||
Littelfuse, Inc. | 96,957 | $24,824,870 | |||
Teledyne Technologies, Inc.* | 107,947 | 41,953,602 | |||
110,281,819 | |||||
Energy Equipment & Services 0.9% | |||||
Halliburton Co.(a) | 636,629 | 18,239,421 | |||
Entertainment 1.3% | |||||
Take-Two Interactive Software, Inc.*(a) | 192,244 | 26,477,766 | |||
Financial Services 5.5% | |||||
Apollo Global Management, Inc.(a) | 467,300 | 31,239,005 | |||
Shift4 Payments, Inc. (Class A Stock)*(a) | 654,847 | 41,072,004 | |||
WEX, Inc.* | 232,125 | 38,497,931 | |||
110,808,940 | |||||
Food Products 1.0% | |||||
Freshpet, Inc.*(a) | 333,154 | 19,909,283 | |||
Ground Transportation 1.5% | |||||
J.B. Hunt Transport Services, Inc. | 177,890 | 29,702,293 | |||
Health Care Equipment & Supplies 5.9% | |||||
Cooper Cos., Inc. (The) | 67,116 | 24,935,608 | |||
Dexcom, Inc.* | 370,364 | 43,428,883 | |||
Insulet Corp.*(a) | 124,124 | 34,041,007 | |||
STERIS PLC | 88,221 | 17,641,553 | |||
120,047,051 | |||||
Health Care Providers & Services 2.5% | |||||
Molina Healthcare, Inc.* | 88,783 | 24,317,664 | |||
Progyny, Inc.* | 703,062 | 26,189,059 | |||
50,506,723 | |||||
Hotels, Restaurants & Leisure 3.8% | |||||
Churchill Downs, Inc.(a) | 166,778 | 22,651,788 | |||
Hilton Worldwide Holdings, Inc. | 283,793 | 38,629,903 | |||
Texas Roadhouse, Inc. | 147,213 | 15,884,283 | |||
77,165,974 |
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PGIM Jennison Mid-Cap Growth Fund
Schedule of Investments as of May 31, 2023 (unaudited) (continued)
Description | Shares | Value | |||
Common Stocks (Continued) | |||||
Household Durables 1.2% | |||||
Lennar Corp. (Class A Stock)(a) | 232,236 | $24,877,120 | |||
Insurance 3.0% | |||||
Markel Group, Inc.* | 13,445 | 17,676,545 | |||
RenaissanceRe Holdings Ltd. (Bermuda) | 159,940 | 30,127,898 | |||
Ryan Specialty Holdings, Inc.*(a) | 342,311 | 13,962,865 | |||
61,767,308 | |||||
Interactive Media & Services 1.6% | |||||
Pinterest, Inc. (Class A Stock)*(a) | 1,356,851 | 32,483,013 | |||
IT Services 1.5% | |||||
Gartner, Inc.* | 88,679 | 30,404,482 | |||
Life Sciences Tools & Services 2.9% | |||||
Agilent Technologies, Inc. | 157,958 | 18,271,002 | |||
Avantor, Inc.*(a) | 518,958 | 10,348,023 | |||
IQVIA Holdings, Inc.* | 153,021 | 30,131,365 | |||
58,750,390 | |||||
Media 2.2% | |||||
Trade Desk, Inc. (The) (Class A Stock)* | 649,365 | 45,507,499 | |||
Oil, Gas & Consumable Fuels 2.5% | |||||
Cheniere Energy, Inc. | 139,171 | 19,451,931 | |||
Hess Corp. | 243,726 | 30,872,772 | |||
50,324,703 | |||||
Pharmaceuticals 0.9% | |||||
Jazz Pharmaceuticals PLC* | 146,072 | 18,720,588 | |||
Professional Services 6.6% | |||||
CoStar Group, Inc.* | 515,944 | 40,965,954 | |||
KBR, Inc.(a) | 556,024 | 32,816,537 | |||
Paycom Software, Inc. | 124,011 | 34,739,201 | |||
Paycor HCM, Inc.*(a) | 1,122,160 | 24,676,298 | |||
133,197,990 | |||||
Real Estate Management & Development 1.7% | |||||
CBRE Group, Inc. (Class A Stock)* | 466,095 | 34,919,837 |
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PGIM Jennison Mid-Cap Growth Fund
Schedule of Investments as of May 31, 2023 (unaudited) (continued)
Description | Shares | Value | |||
Common Stocks (Continued) | |||||
Semiconductors & Semiconductor Equipment 6.3% | |||||
Enphase Energy, Inc.* | 113,509 | $19,736,945 | |||
Marvell Technology, Inc. | 679,826 | 39,763,023 | |||
ON Semiconductor Corp.*(a) | 381,981 | 31,933,611 | |||
Universal Display Corp. | 251,496 | 37,052,906 | |||
128,486,485 | |||||
Software 10.7% | |||||
Cadence Design Systems, Inc.* | 142,837 | 32,982,492 | |||
Crowdstrike Holdings, Inc. (Class A Stock)*(a) | 279,581 | 44,769,306 | |||
Datadog, Inc. (Class A Stock)* | 436,843 | 41,460,769 | |||
Five9, Inc.* | 220,268 | 14,561,917 | |||
HubSpot, Inc.*(a) | 85,295 | 44,181,957 | |||
Palo Alto Networks, Inc.* | 182,689 | 38,984,006 | |||
216,940,447 | |||||
Specialty Retail 4.6% | |||||
Burlington Stores, Inc.* | 174,930 | 26,319,968 | |||
O’Reilly Automotive, Inc.* | 51,200 | 46,249,472 | |||
Tractor Supply Co.(a) | 98,967 | 20,742,493 | |||
93,311,933 | |||||
Textiles, Apparel & Luxury Goods 2.0% | |||||
On Holding AG (Switzerland) (Class A Stock)*(a) | 1,442,184 | 39,587,951 | |||
Trading Companies & Distributors 0.8% | |||||
Watsco, Inc.(a) | 48,525 | 15,740,054 | |||
Total Long-Term Investments (cost $1,616,149,152) | 1,996,422,507 | ||||
Short-Term Investments 15.9% | |||||
Affiliated Mutual Funds | |||||
PGIM Core Government Money Market Fund(wi) | 40,349,109 | 40,349,109 |
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PGIM Jennison Mid-Cap Growth Fund
Schedule of Investments as of May 31, 2023 (unaudited) (continued)
Description | Shares | Value | |||
Affiliated Mutual Funds (Continued) | |||||
PGIM Institutional Money Market Fund (cost $281,978,357; includes $280,404,377 of cash collateral for securities on loan)(b)(wi) | 282,319,756 | $282,150,365 | |||
Total Short-Term Investments (cost $322,327,466) | 322,499,474 | ||||
TOTAL INVESTMENTS 114.2% (cost $1,938,476,618) | 2,318,921,981 | ||||
Liabilities in excess of other assets (14.2)% | (287,565,988) | ||||
Net Assets 100.0% | $2,031,355,993 |
Below is a list of the abbreviation(s) used in the quarterly schedule of portfolio holdings: |
ADR—American Depositary Receipt |
* | Non-income producing security. |
(a) | All or a portion of security is on loan. The aggregate market value of such securities, including those sold and pending settlement, is $271,190,087; cash collateral of $280,404,377 (included in liabilities) was received with which the Fund purchased highly liquid short-term investments. In the event of significant appreciation in value of securities on loan on the last business day of the reporting period, the Fund may reflect a collateral value that is less than the market value of the loaned securities and such shortfall is remedied the following business day. |
(b) | Represents security, or portion thereof, purchased with cash collateral received for securities on loan and includes dividend reinvestment. |
(wi) | PGIM Investments LLC, the manager of the Fund, also serves as manager of the PGIM Core Government Money Market Fund and PGIM Institutional Money Market Fund, if applicable. |
Other information regarding the Fund is available in the Fund’s most recent Report to Shareholders. This information is available on the Securities and Exchange Commission’s website (www.sec.gov).
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